This Insider Has Just Sold Shares In De'Longhi

Anyone interested in De'Longhi S.p.A. (BIT:DLG) should probably be aware that the Vice Chairman & CEO, Fabio de' Longhi, recently divested €322k worth of shares in the company, at an average price of €32.22 each. On the bright side, that sale was only 3.8% of their holding, so we doubt it's very meaningful, on its own.

View our latest analysis for De'Longhi

The Last 12 Months Of Insider Transactions At De'Longhi

Notably, that recent sale by Vice Chairman & CEO Fabio de' Longhi was not the only time they sold De'Longhi shares this year. They previously made an even bigger sale of -€987k worth of shares at a price of €33.31 per share. So what is clear is that an insider saw fit to sell at around the current price of €32.40. While insider selling is a negative, to us, it is more negative if the shares are sold at a lower price. Given that the sale took place at around current prices, it makes us a little cautious but is hardly a major concern.

Insiders in De'Longhi didn't buy any shares in the last year. The chart below shows insider transactions (by companies and individuals) over the last year. If you click on the chart, you can see all the individual transactions, including the share price, individual, and the date!

For those who like to find hidden gems this free list of small cap companies with recent insider purchasing, could be just the ticket.

Does De'Longhi Boast High Insider Ownership?

For a common shareholder, it is worth checking how many shares are held by company insiders. We usually like to see fairly high levels of insider ownership. De'Longhi insiders own about €2.6b worth of shares (which is 54% of the company). This kind of significant ownership by insiders does generally increase the chance that the company is run in the interest of all shareholders.

What Might The Insider Transactions At De'Longhi Tell Us?

Insiders sold De'Longhi shares recently, but they didn't buy any. And there weren't any purchases to give us comfort, over the last year. But since De'Longhi is profitable and growing, we're not too worried by this. The company boasts high insider ownership, but we're a little hesitant, given the history of share sales. So while it's helpful to know what insiders are doing in terms of buying or selling, it's also helpful to know the risks that a particular company is facing. Case in point: We've spotted 2 warning signs for De'Longhi you should be aware of.

If you would prefer to check out another company -- one with potentially superior financials -- then do not miss this free list of interesting companies, that have HIGH return on equity and low debt.

For the purposes of this article, insiders are those individuals who report their transactions to the relevant regulatory body. We currently account for open market transactions and private dispositions of direct interests only, but not derivative transactions or indirect interests.

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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.

Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team@simplywallst.com